Banking Terms Based on the word / phrase from letter D (Part IV / End)

Banking Terms Based on the word / phrase from letter D (Part IV / End) :
Directors of the Bank.

Are:
a. Board of Directors as referred to Article 1 paragraph 4 of Act 1 of 1995 About Limited Liability Companies Limited Liability for the bank.
b. Board of Directors as referred to article 11 of Law No. 5 of 1962 About the Company Areas of a Bank incorporated Regional Corporate Law.
c. Board of Cooperative Banks in the form of Law referred to in Article 29 of Act No.25 of 1992 on Cooperatives.
Another term for the Board of Directors of the Bank is a Senior Management.

Disaster & Recovery Plan.

Is a prevention plan that has been tested to ensure continuity and recovery activities of the bank in case of disruption or disaster to the Technology Information System (TSI). Banks need to establish disaster & recovery plan mainly for processing of applications that are critical in the event of failure of hardware and software, and the destruction of existing facilities both facilities are temporary or permanent.
Applications that are critical:
Planning is expected to give priority to processing applications re-making a critical or sensitive nature that have a major influence on the business activities of banks.
Critical computer equipment:
Planning is expected to also identify things that are critical, such as operating systems, network communications, data files, and other supplies, for the purpose of recovery as a result of the disaster.
Back-ups:
Location and hardware. Needs to be done on location and selection of compatible hardware for processing a replacement, and testing is done regularly on the readiness when required in an emergency.
Replacement processing procedure manually:
Units of work the user needs to establish an alternative to manually processing procedures, which may be used until the TSI unit capable of restoring the data processing operations after a disaster. In the field of non-IT, Disaster and Recovery Plan is also known as "Business Continuity Plan" or a Business Continuity Plan.

Discount Rate (Discount Rate).

Is a general term for the interest paid upfront, which is interest rates are calculated on the future cash flow in order to obtain the present value (net present value) of an investment. Selection of the discount rate (high-low) is a reflection of the risk of an investment / project.

Displace Commercial Risk.

This term is contained in Bank Islam, is the transfer of the risks associated with the storage of funds are equity. It arises when a bank is under commercial pressure to
use some profits to pay the owner of the funds (depositors) to avoid a withdrawal because a rate of return is lower (AAOIFI 1999). Displace Commercial Risk implies that, banks can operate fully comply with the requirements of sharia, but making them unable to pay in accordance with a competitive rate of return, compared with the peer group of Islamic banks and other competitors. Once again the fund owners to obtain a stimulus to attract funds. To prevent the withdrawal, the owner of the bank requires in part the result of a bank (right bank owners) as a bonus to the holders of deposits / investments in the Bank.

Dividend.

Is the division of a company's profits to shareholders


Documentation (In Informsi Technology Systems).

Is a computer term for a written and detailed information about a system (a software program or system), explaining what it does, how to operate them and explain the meaning of the messages generated by the software. (12). (Source: Bank Indonesia) .


DPPK (Checklist Loan Disbursement).

Is a check list that is used to check the completeness of loan eligibility before the credit disbursed. DPPK consent decree contains a minimum of credits and requirements, and information about the implementation of eligibility among other things, whether the credit agreement is signed (listed No.. And date), whether the payment obligations have been fulfilled Propisi Credit, if credit guarantees have been bound, and document security has been submitted to the bank, whether insurance against major collateral and additional collateral is closed and so on. Credit typically can dcairkan after the requirements are met by the customer. Loans can be availed after DPPK signed by an authorized bank official. In Islamic Banking, the term used is DPPP or DP3, namely Checklist Funding Disbursement

Dual banking system.

Banking system was adopted in Indonesia, where Islamic banking is one of the sub-systems in the banking system in Indonesia.
Islamic banking in Indonesia was born to meet the needs of people who want sharia banking services as an alternative to conventional banking services. Therefore, all business activities and operations of Islamic banking is part of the national banking services, and each subsystem is expected to mutually support the banking system as a whole.

Dual Custody.

Is the physical storage system to the assets or bank documents is performed under the supervision of 2 (two), in which to issue such assets or documents from storage must be based on consent or knowledge of the 2 (two) person. Dual custody is typically applied to the assets in one easy to use, such as cash, securities (such as SBI, Bonds), documents such as certificates of land credit guarantee, reg (Proof of Ownership of Motor Vehicles) and so on.

Dual Currency Deposit.

Dual Currency Deposit (DCD) is a short-term deposits in which there is the possibility of conversion of foreign currency with the currency of rupiah, the interest rate associated with the movement of two currencies. At maturity, the customer will receive the principal and interest in the placement of the currency-denominated deposits or partner, depending on which is weaker than the approved conversion rates.

Due Diligent Supplement.

Is a financial audit and / or legal audits of BTO Recapitalization Participants conducted by an independent party appointed by IBRA in implementation of Bank Recapitalization Program Take Over.

Part III